The TJX Companies, Inc. (NYSE:TJX) Shares Purchased by Hendershot Investments Inc.

Hendershot Investments Inc. boosted its holdings in The TJX Companies, Inc. (NYSE:TJX - Free Report) by 1.0% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 251,387 shares of the apparel and home fashions retailer's stock after acquiring an additional 2,489 shares during the quarter. TJX Companies accounts for 4.2% of Hendershot Investments Inc.'s portfolio, making the stock its 4th largest position. Hendershot Investments Inc.'s holdings in TJX Companies were worth $30,619,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the business. Shell Asset Management Co. boosted its stake in TJX Companies by 16.5% during the 4th quarter. Shell Asset Management Co. now owns 29,168 shares of the apparel and home fashions retailer's stock valued at $3,524,000 after purchasing an additional 4,128 shares in the last quarter. Pathstone Holdings LLC boosted its stake in shares of TJX Companies by 10.1% during the 4th quarter. Pathstone Holdings LLC now owns 736,616 shares of the apparel and home fashions retailer's stock worth $88,992,000 after acquiring an additional 67,853 shares in the last quarter. Ethic Inc. boosted its stake in shares of TJX Companies by 21.1% during the 4th quarter. Ethic Inc. now owns 167,169 shares of the apparel and home fashions retailer's stock worth $20,196,000 after acquiring an additional 29,158 shares in the last quarter. Fiduciary Trust Co boosted its stake in shares of TJX Companies by 5.2% during the 4th quarter. Fiduciary Trust Co now owns 2,891,186 shares of the apparel and home fashions retailer's stock worth $349,284,000 after acquiring an additional 144,113 shares in the last quarter. Finally, Pinnacle Financial Partners Inc boosted its stake in shares of TJX Companies by 2.2% during the 1st quarter. Pinnacle Financial Partners Inc now owns 387,342 shares of the apparel and home fashions retailer's stock worth $46,989,000 after acquiring an additional 8,319 shares in the last quarter. 91.09% of the stock is currently owned by institutional investors and hedge funds.

TJX Companies Price Performance

NYSE TJX traded up $0.03 during trading on Friday, reaching $126.29. 5,143,159 shares of the company traded hands, compared to its average volume of 5,343,958. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.51 and a current ratio of 1.16. The stock's 50 day moving average price is $125.72 and its two-hundred day moving average price is $124.24. The company has a market cap of $141.07 billion, a price-to-earnings ratio of 29.71, a P/E/G ratio of 2.95 and a beta of 0.88. The TJX Companies, Inc. has a 1-year low of $107.71 and a 1-year high of $135.85.

TJX Companies (NYSE:TJX - Get Free Report) last posted its earnings results on Wednesday, May 21st. The apparel and home fashions retailer reported $0.92 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.90 by $0.02. TJX Companies had a net margin of 8.47% and a return on equity of 58.81%. The company had revenue of $13.11 billion during the quarter, compared to analysts' expectations of $13.01 billion. During the same quarter in the previous year, the company posted $0.93 earnings per share. TJX Companies's quarterly revenue was up 5.1% compared to the same quarter last year. As a group, analysts anticipate that The TJX Companies, Inc. will post 4.18 EPS for the current year.

TJX Companies Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 4th. Stockholders of record on Thursday, August 14th will be paid a $0.425 dividend. This represents a $1.70 dividend on an annualized basis and a dividend yield of 1.35%. The ex-dividend date is Thursday, August 14th. TJX Companies's dividend payout ratio (DPR) is currently 40.00%.

Insider Activity

In related news, Director Amy B. Lane sold 950 shares of the business's stock in a transaction that occurred on Tuesday, June 3rd. The shares were sold at an average price of $128.09, for a total value of $121,685.50. Following the completion of the transaction, the director owned 22,712 shares in the company, valued at $2,909,180.08. The trade was a 4.01% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Company insiders own 0.13% of the company's stock.

Analysts Set New Price Targets

Several analysts have recently commented on the company. Morgan Stanley set a $140.00 target price on TJX Companies and gave the stock an "overweight" rating in a research report on Thursday, May 22nd. Wall Street Zen upgraded TJX Companies from a "hold" rating to a "buy" rating in a report on Monday, May 12th. TD Securities increased their price objective on TJX Companies from $140.00 to $142.00 and gave the stock a "buy" rating in a report on Tuesday, May 20th. Loop Capital set a $150.00 price objective on TJX Companies and gave the stock a "buy" rating in a report on Thursday, May 22nd. Finally, Cowen reiterated a "buy" rating on shares of TJX Companies in a report on Tuesday, May 20th. One analyst has rated the stock with a hold rating, nineteen have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and a consensus price target of $141.06.

TJX Companies Company Profile

The TJX Companies, Inc, together with its subsidiaries, operates as an off-price apparel and home fashions retailer in the United States, Canada, Europe, and Australia. It operates through four segments: Marmaxx, HomeGoods, TJX Canada, and TJX International. The company sells family apparel, including footwear and accessories; home fashions, such as home basics, furniture, rugs, lighting products, giftware, soft home products, decorative accessories, tabletop, and cookware, as well as expanded pet, and gourmet food departments; jewelry and accessories; and other merchandise.